This is extensive video based comprehensive course on financial audit covers basic to intermediate level knowledge on audit ad assurance. Originally prepared for ACCA Auditing paper (F8)2009, now being widely used for other related certifications i.e CIA, ICAEW, CIMA, CFA ad for all commerce student who need to study Auditing.
Prepared by the best in the field, London School of business and finance with the cutting edge Interactive?’s high quality video lecture technology, it also combines the content of:
? ATC International
? Kaplan publications
? ACCA (UK)’s own input.
to easily make it the fastest, easiest and most complete learning product on the topic.
(Based on International Standards of Audit (ISA)
The Audit and Assurance (Basic& Intermediate) is essentially divided into seven areas. The syllabus starts with the nature, purpose and scope of assurance engagements, including the statutory audit, its regulatory environment, and introduces professional ethics relating to audit and assurance. It then leads into internal audit, including the scope of internal audit as well as the differences between internal audit and external audit. The syllabus then covers a range of areas relating to an audit of financial statements. These include planning and risk assessment, evaluating internal controls, audit evidence, and a review of the financial statements. The final section then deals with reporting, including statutory audit reports, management reports, and internal audit reports.
CHAPTER 1: ASSURANCE
CHAPTER 2: AUDIT ETHICS AND REGULATIONS
CHAPTER 3: PLANNING
CHAPTER 4: AUDIT EVIDENCE
CHAPTER 5: ASSESSING AN INTERNAL CONTROL SYSTEM
CHAPTER 6: AUDIT SAMPLING
CHAPTER 7: INTERNAL CONTROLS
CHAPTER 8: SUBSTANTIVE TESTING
CHAPTER 9: AUDITING IN A COMPUTER ENVIRONMENT
CHAPTER 10: THE AUDIT REPORT